Fund Evaluator:
Eaton Vance Growth R (ELCRX)
Follow This Fund
Best Performing in Large Growth Over the Last Year
| 39.6% | Tanaka Growth (TGFRX) |
| 35.2% | Fidelity Advisor OTC Z (FOTJX) |
| 35.1% | Fidelity OTC (FOCPX) |
| 34.8% | Chase Growth N (CHASX) |
| 27.3% | Fidelity Advisor Focused Stock Z (FSFOX) |
Fund Details
Eaton Vance Growth R Overview
Eaton Vance Growth R (ELCRX) is an actively managed U.S. Equity Large Growth fund. Eaton Vance launched the fund in 2009.
The investment seeks total return. The fund invests in a broadly diversified selection of equity securities, seeking companies with above-average growth and financial strength. Under normal market conditions, it invests primarily in large-cap companies. The portfolio managers generally consider large-cap companies to be those companies with a market capitalization equal to or greater than the median capitalization of companies included in the Russell 1000® Growth Index. The fund is non-diversified.
About Eaton Vance Growth R (ELCRX)
There are 1 members of the management team with an average tenure of 5.08 years: Douglas Rogers (2021). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and Russell 1000 Growth TR USD index with a weighting of 100%. Eaton Vance Growth R has 49 securities in its portfolio. The top 10 holdings constitute 65.4% of the fund’s assets. The fund meets the SEC requirement of being classified as a nondiversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Eaton Vance Growth R is part of the Equity global asset class and is within the U.S. Equity fund group. Eaton Vance Growth R has 1.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 98.3%. There is 1.1% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Eaton Vance Growth R has 0.5% of the portfolio in cash.
Assets Under Management
The fund has $7 million in total assets, which is below the $2 billion average for the Large Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
ELCRX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Eaton Vance Growth R expense ratio is high compared to funds in the Large Growth category. Eaton Vance Growth R has an expense ratio of 1.29%, which is 34% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Eaton Vance Growth R has a portfolio turnover rate of 20%, indicating that holds its assets around 0.1 years. By way of comparison, the average portfolio turnover is 54% for the Large Growth category.
Recently, in the month of July 2026, Eaton Vance Growth R returned -2.5%, which earned it a grade of C, as the Large Growth category had an average return of -3.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Eaton Vance Growth R has a trailing yield of 0.00%, which is below the 0.06% category average. The fund normally distributes its income annually and its capital gains semi-annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Eaton Vance Growth R Grades
Year to date, the fund has returned 1.1%, 2.7 percentage points worse than the category, which translates into a grade of D. The fund has returned 5.7% over the past year (grade of D), 17.4% over the past three years (grade of C) and 9.0% per year over the past five years (grade of C) and 14.5% per year over the past 10 years (grade of D).
For more mutual fund grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.
Otherwise, for more information about Eaton Vance Growth R, including its riskiness, submit your email to unlock the rest of the article.
Gain access to exclusive AAII member-only content.
ELCRX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| ELCRX Return (NAV) | -2.5% | -1.6% | 5.7% | 17.4% | 9.0% | 14.5% |
| ELCRX Grade | C | F | D | C | C | D |
| +/- Category | 0.5% | -3.3% | -3.4% | -0.7% | 0.3% | -0.9% |
| Large Growth Avg | -3.1% | 1.7% | 9.1% | 18.1% | 8.7% | 15.4% |
| ELCRX Tax Cost Ratio | na | na | 3.3% | 2.4% | 2.1% | 1.8% |
ELCRX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| ELCRX Return (NAV) | 1.1% | 14.3% | 32.1% | 38.0% | -29.8% | 19.3% | 36.8% | 30.0% | 0.0% | 25.1% | 2.0% |
| ELCRX Grade | D | D | B | C | B | D | C | D | C | F | C |
| +/- Category | -2.7% | -1.4% | 2.4% | -0.8% | 2.3% | -1.1% | -5.5% | -3.2% | 0.7% | -4.7% | -0.7% |
| Large Growth Avg | 3.7% | 15.7% | 29.7% | 38.9% | -32.1% | 20.4% | 42.3% | 33.2% | -0.7% | 29.8% | 2.7% |
| Risk Measures | |
| Standard Deviation: | 16.4% |
| Total Risk Index: | 1.34 - High |
| Category Risk Index: | 0.93 - Below Average |
| Category Risk Grade: | B (33% Rank) |
| Beta: | 1.18 |
| R-Squared: | 88% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Growth |
| Bond Investment Style: | na |
| Yield: | 0.0% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Semi-Annually |
| Total Assets: | $424 Mil |
| Fund Total Assets: | $ 8 Mil |
| Share Class Type: | Retirement |
| Portfolio Turnover: | 20% |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 5.1 years | |||
| Average Tenure: 5.1 years | |||
| Managers (Year): Rogers Douglas (2021) | |||
Portfolio Composition (as of 5/31/26)
| # of Holdings: | 49 |
| % in Top 10 Holdings: | 65.4% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 1.1% |
Portfolio Allocation |
|
| Domestic Stock: | 98.3% |
| Foreign Stock: | 1.1% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.5% |
Purchase Information
| Fund Family: | Eaton Vance |
| Phone Number: | 800-262-1122 |
| Website: | www.eatonvance.com |
| Status: | Open |
| Inception Date: | August 3, 2009 |
| Min. Initial Purchase: | $1,000 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | No |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.50% |
Expenses and Fees | |
| Expense Ratio (%): | 1.29% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.96% |
| Share Class: | Eaton Vance Growth A |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
